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28 Pennington Way

28 Pennington Way, Spring Valley, NY 10977
Property in Ramapo
Sold Aug 16, 2012
$510,000
$408,000 by Cross River Bank
Mortgage Due Aug 01, 2042
28 Pennington Way in Spring Valley, NY was first built in 1971 and is 53 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 28 Pennington Way has 2,564 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,550 ft and the linear feet between the front and back of the lot is 2,300. In total, the area measurement of the land is 35,284 square feet.

Learn more about the property and building on this page. There is a patio. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 940 sqft. There are a total of 4 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 28 Pennington Way sold most recently in Jul 14, 2012 for a total of $510,000. If you work out the math, that's approximately a cost of $198.91 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,240 in taxes each year. 28 Pennington Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $74,500. If we break it down further, the land itself was valued at $17,700. Improvements to the property, however, were assessed at a total of $56,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 940
  • Parking Space Count: 4
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 35,284
  • Lot Size Depth Feet: 2,300
  • Lot Size Frontage Feet: 1,550
  • Total Building Area: 2,564
  • Building Area: 2,564
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,564
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.81
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZIMERMAN MICHAEL
  • Current Owner 2: JIMERMAN YAEL
  • Previous Owner : PARK CAROLINE
  • Previous Owner 2: KIM ALBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Ramapo Central School District (Spring Valley)
  • School Tax School District: SPRING VALLEY
  • Census Tract: 011509

Geography

  • Account Number: 00380450000
  • District: 392613
  • Section: 42.09
  • Parcel: 392613 42.09-2-54
  • Block: 2
  • Lot: 54.000
  • Municipality: NEW HEMPSTEAD
  • Latitude: 41.154
  • Longitude: -74.0507

    Address

  • Full Address: 28 Pennington Way
  • Address - House Number: 28
  • Address - Street Name: Pennington
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Spring Valley
  • Carrier Code: C009
  • 4-Digit Zip Code: 1417
  • Zip Code: 10977

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,240
  • Tax Rate Code Area: 392602

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 1,019,941
  • High Value: 1,258,385
  • Low Value: 781,496

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $708,000
  • First Open Lien Mortgage Lender: CROSS RIVER BANK
  • First Open Lien Mortgage Recording Date: Aug 16, 2012
  • First Open Lien Mortgage Loan Amount: $408,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2042
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 21, 2022
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $300,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 07, 2052

    Market Valuation

  • Market Total Value: $74,500
  • Market Land Value: $17,700
  • Market Improvement Value: $56,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,500
  • Assessed Land Value: $17,700
  • Assessed Improvements Value: $56,800

    Sales

  • Current Sale Contract Date: Jul 14, 2012
  • Current Sale Recording Date: Aug 16, 2012
  • Current Sale Transaction ID: 1195538425
  • Current Sale Price: $510,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-00030321

    Last Sale Mortgage

  • First Mortgage Lender: CROSS RIVER BANK
  • First Mortgage Transaction Date: Aug 16, 2012
  • First Mortgage Loan Amount: $408,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2042

About New Hempstead



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Frequently Asked Questions

What neighborhood is 28 Pennington Way located in?
The 28 Pennington Way is a located in the neighborhood of Ramapo in New Hempstead, Spring Valley.
What is the average sales price for listings in 28 Pennington Way?
The average sales price for units in 28 Pennington Way is $0 currently.

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